Home / Going-concern warnings / Star Gold Corp.

3/5Star Gold Corp. (SRGZ): Going-concern doubt

Filed 2025-10-30 路 Form 10-Q 路 Accession 0001437749-25-032454 nano

Market data

Price before filing: $0.045 (2025-10-29 close, split/dividend-adjusted)
Market cap at flag: $4.4M (2025-10-30) 路 Latest: $31.1M (2026-10-16)

What happened next

WindowSRGZSPYvs SPY
30 days-11.1%-1.0%-10.1%2025-12-01
90 days+163.9%+1.5%+162.4%2026-01-28
180 days+180.0%+4.1%+175.9%2026-04-28

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-01 to 2025-11-29. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As shown in the accompanying condensed balance sheet as of July 31, 2025, the Company has an accumulated deficit of $ 13,245,309 . On July 31, 2025, the Company's working capital deficit was $ 745,206 . The lack of sufficient working capital to meet current obligations, continuing losses and ongoing cash used by operating activities raises substantial doubt about the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-07-31)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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